Playtech (PTEC) Stock Rating Reaffirmed by Morgan Stanley
Several other research analysts have also commented on PTEC. Investec cut their price target on Playtech from GBX 1,120 ($15.19) to GBX 1,030 ($13.97) and set a buy rating on the stock in a research report on Friday, November 3rd. Canaccord Genuity Group cut their price target on Playtech from GBX 1,140 ($15.46) to GBX 1,090 ($14.78) and set a buy rating on the stock in a research report on Thursday, November 2nd. Liberum Capital reaffirmed a buy rating and set a GBX 1,020 ($13.83) price target on shares of Playtech in a research report on Monday, October 2nd. Credit Suisse Group reissued an outperform rating and issued a GBX 1,200 ($16.27) target price on shares of Playtech in a report on Thursday, September 28th. Finally, dropped their target price on Playtech from GBX 1,180 ($16.00) to GBX 1,000 ($13.56) and set a buy rating on the stock in a report on Monday, November 13th. Fourteen investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and an average target price of GBX 1,037.14 ($14.06).
Playtech (LON:PTEC) opened at GBX 828 ($11.23) on Monday. The company has a market capitalization of $2,750.00 and a P/E ratio of 1,427.59. Playtech has a 12-month low of GBX 712.08 ($9.66) and a 12-month high of GBX 1,020 ($13.83).
Playtech Company Profile
Playtech plc supplies online gaming software. The Company and its subsidiaries develop software platforms for the online and land-based gambling industry. Its gaming applications include online casino, poker and other pay to play games, bingo, mobile, live gaming, land-based terminal and fixed-odds games.
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